Hi,

I was wondering if there is a way to get Jforex to display an accurate average entries line which will plot the BE point of more than one trade taken on any one chart?

You guys are doing great here by the way!

I really am starting to fall in love with Jforex, I just wish there was an easier way to load it up than through the Web...

Many thanks Jal

Please elaborate the task.

Hi,

Basically if I am short GJ 131.562 and then I place another order short 130.222... I would like a line to appear on the chart giving the midpoint between the two positions (or more) where if price moves over that line I will start losing money... so a average between positions line...

In effect you would get the same position on the chart if you merged the positions... however I may not want to do this all the time...

This line need to be applicable to all charts which have open positions on them...

Can this be done?

Thank you!

Hi,
You should do this from a strategy rather than from a custom indicator. Calculate the midpoint price and draw a horizontal line e.g.

double midpointPrice = ...;
IChart chart = context.getChart(Instrument.EURUSD);   
IChartObjectFactory factory = chart.getChartObjectFactory();   
IHorizontalLineChartObject hline = factory.createHorizontalLine("hline", midpointPrice);
hline.setColor(Color.RED);
chart.addToMainChartUnlocked(hline);

Thanks!

but its not compiling...

Hi,
Please make sure you add the appropriate import:

import java.awt.Color;
import com.dukascopy.api.drawings.IChartObjectFactory;
import com.dukascopy.api.drawings.IHorizontalLineChartObject;